Friday 29 April 2011

Palm Oil Futures Sell 3252 At 1130am

CPO Futures hourly indicator will cut loss and turn buy again if 1230pm palm oil futures price is closed 3375 and above. It had just turned selling 3352 at 1130am.
CPO Futures hourly indicator accumulated profit for this month is regarded as a good result, seeing above 200 ticks per contract size even though the last trade may have dragged down by 56 ticks of loss.